There are the producers and the consumers. Everything else in economics is detail, elaboration, politics, and fakery (DEPF). As time goes by, DEPF tends to increase…at the expense of real activity.
Billy, Billy, Billy…. say what you will, you sound like Mark Carney and Starmer - whilst the streets of London are literally packed with those in opposition to these old world order davos crowd idiots - and with Trump’s endorsements coming in at 36 to 0, it appears people have had enough of this bullshit - simple as that.
Can you imagine that, as much of a bull in a China shop he is, as brutal as his comments are, people continue to support the changes. OK now, all you left wing lunatics come out and beat me up - the numbers speak for themselves.
Let's see! The US is $40,000,000,000,000,.00 in debt adding about 2T a year. Is Trump going to fix that? How will that work out? I don't know but my guess is not good.
How about the preceding or proceeding presidents? No, none have done a damn thing about the deficit. So why is this Trump's problem? I'll tell you what, it is the result of a corrupt political system's planning scamming post Eisenhower. The system is so broken that the only possible fix is self-immolation, which is taking place as we speak, slowly but surely, taking place right in front of our eyes if you just look.
I think it's Trumps problem because he is the president. Now is it all on his shoulders? Of course not but he has certainly done nothing to begin the process of reducing it and returning to fiscal sanity. I agree with you that at this point it is unfixable and that the slow decline of the empire continues and for the same reasons that did in the Roman Empire. As is said history repeats.
I will take planes ships bombs missiles and roads bridges schools anyday over HAND OUTS...and the UBIQUITOUS FRAUD GOING ON NOW BELIEVED TO BE IN TRILLIONS. WITH A CAPITAL T. GO ASK PELOSI SCHUMER AND ILHAN OMAR THE ALLEGEDLY LEGAL IMMIGRANT FROM SOMALIA....HOME OF BLACK HAWK DOWN.
TRUE We are the Captains of the Universe, all due respect and GLORY to God. BUT we are also in a trap and its getting worse and speeding up and will crash...all bubbles finally pop. No exceptions. So PREPARE. RIDE THE WAVE BUT DO AS DYSON DOES. Long cash and he likes shipping and GOLD. I am long Gold Silver and Cash and a smattering of BIGTECH.
Its been printed by Bonner and Dyson and Rickards and Casey several times Tom. But yes its a shocking figure and will NEVER be paid off. ITs a phoney money game and so they will just PRINT money to stay afloat, buy dollars (treasuries a while longer and then buy GOLD AND SILVER)
CONGRESS spends the MONEY. THE PResident merely signs the appropriation bill they pass. LOOK TO CONGRESS. And the DEMOCRATS SHUT DOWN THE GOVERNMENT FOR A RECORD SPELL TO JAM THEIR SPENDING THROUGH.
and on the Massie MASSIVE LOSS...it wasnt close....he gets what HE deserves.....you may despise Trumps personality and belligerence and you may oppose Trump policies (I DONT) and you may THINK Massie was a REAL CONSERVATIVE? NOT. He was a LIBERTARIAN...a DEMOCRAT WITH A WHITE SHEET OVER HIS HEAD. FACT. HE VOTED DEMOCRAT 100% of time and OPPOSED TRUMP Policies CLAIMING TO BE A CONSTITUTIONAL SCHOLAR (hes not) and against deficits (Democrats are as much to blame for spending as anyone..and THEIR policies are HANDOUTs and as we are learning MEDISCARE FRAUD COVID FRAUD and FOODSTAMP FRAUD). So Bill can go eat SUCCOTASH. (Southern slang)
So I guess you have no problem with AIPAC and other Israeli Firsters like Miriam Adelson dumping millions into the race. I thought a Congressman was supposed to represent the people of his district not Israel. But for your info Donnie is no conservative . Would a conservative back an experimental mRNA vaccine? Or shutting down the country for a flu? Or invading Iran because Israel was going to do it anyway? Or trillions in budget deficits? Or being in favor of suppressing interest rates?
I am PROUDLY a Christian Crusader Defender and Patriot. I am PROUDLY pro Israel and pro conservative Jew in the USA especially OBSERVANT Jews. I reject the ANTI JEWISH AND ANTI ISRAEL lobby in the USA and those who just are dirty antisemites.
EVERYONE backed the vaccines because it was a SHOCK...from very obscure disease in Wuhan that by December 2019 was in WESTCHESTER which came in from Milan and JFK on TOURISTS returning home and Wuhan had direct flights to Milan..on andon.. andit was all CONCOCTED BY OBAMA GATES AND FAUSTUS aka Dr. Fauchi , they literally CREATED THE DISEASE IN A PETRIE DISH FUNDED BY FAUCHI and DONE IN WUHAN BECAUSE OBAMA SAID TOO DANGEROUS FOR CHAPELHILL AND FT DETRICK and then they created the VACCINE and Fauchi made a BILLION ON THAT...and by end of January 2020, we were in PANIC mode and Trump did his best and sTOPPED IT COLD....but what was here was spreading and killing FAST so the vaccines were rushed through FDA in record time....because the DISEASE HAD NEVER BEEN SEEN BEFORE ON EARTH...it was CREATED IN A PETRIE DISH IN WUHAN...the DIRECTOR OF WUHAN LAB, a Chinese Military BIO WEAPONS LAB, was a Phd from UNC CHAPEL HILL. FACT.
But you are pro-military? But what about the sailors of the USS Liberty who were killed or maimed by your boys in the IDF? It's okay to kill Americans when the Zionists do it?
Not everyone backed the Warped Speed experimental mRNA vaccines. Several scientists warned that they were dangerous and ineffective. But your government and media suppressed the information. Maybe you aren't really a conservative but just the run of the mill Neocon. Like Donnie's buddy Lindsey Graham.
I strongly agree with the article’s scepticism toward central planning. Having grown up in socialist Hungary, I experienced firsthand how inefficient centralised economic systems can become over time.
At the same time, modern democracies seem increasingly driven by short-term political incentives tied to election cycles, debt accumulation, and populism. In contrast, China’s one-party system appears better able to pursue a long-term industrial strategy consistently.
It will be fascinating to see how these opposing forces evolve over the coming decades: the adaptability and innovation of freer markets versus the strategic coordination and long-term planning of centralised political systems. History suggests neither model escapes its own contradictions forever.
In terms of China's long term planning, Victor David Hansen has pointed out that long term planning is great, but how does one plan for the inevitable e.g. technology or that which changes everything.
That is a very good point, and I agree regarding the unpredictability of technological change. My original thought, however, was less about economic planning and more about political time horizons.
Democracies often struggle with short-term incentives because politicians naturally focus on election cycles and immediate popularity. A one-party system like China’s, at least in theory, may be able to pursue longer-term strategic goals more consistently because leaders are less constrained by elections and shifts in public mood.
I am not sure where the right balance lies, but I sometimes think this was also part of the argument associated with Lee Kuan Yew. He seemed to believe he could implement certain long-term policies more consistently because short-term electoral pressures drove his political system less.
Of course, that model also creates risks, especially rigidity and weaker feedback mechanisms. So perhaps the real question is whether any political system can successfully combine long-term strategic thinking with the adaptability and innovation that freer societies and markets tend to produce.
Well true that...but China is NOT a democracy and has ONE MASTER FOR LIFE, a DICTATOR and NO FREEDOMS AT ALL...and they CONSUME NOTHING...they export 99% of IT ALL, mostly to USA. And So in an economic system like that....what the big man says is what goes on and they dont fight EPA or anyone....they ignore UN and WTO RULES and all SEC rules and DOJ rules and they SUBSIDIZE EVERYTHING....a clear antitrust violation and on and on. THEY ARE CROOKS. COCKROACHES. CROOKS AND CRIMINALS AND DESPOTS AND SPIES THIEVES AND THUGS. GOT IT?
We aint perfect. BUT we are the GREATEST NATION ON EARTH AND ITS NOT EVEN CLOSE. LEADING THUG IN HUNGARY IS OUT I SEE> GOOD RIDDANCE.
Damn. It's amazing your opinion of China! Perhaps you don't realize that one of Donnie's biggest backers and a staunch Israel Firster, Miriam Adelson, has profitable business interests in China. Trump's buddy Elon Musk also is tight with the Chinese "CROOKS AND SPIES". Maybe Donnie has you fooled?
The American economy was originally based on free markets, individual freedom and limited government interference in the market place. America is not a mono culture. We are a society of individuals. That is our strength. It is an observable fact that the more interventionist the government becomes the worse our economy performs. Unlike China, we are not a mono people nor a mono culture. China has a long history of embracing authoritarian rule. China is mono racial and discourages immigration. America is multi racial, multi cultural, individualistic and was built on immigration. Real Americans abhor political control and embrace freedom. Communism, socialism, fascism, interventionism etc does not work with Americans.
If Americans want to be great again, then the government needs to get the hell out of the
Good luck with that. As seen with Massie, $32M spent by zionists and those controlling the U.S. government - how does that help America and us . Congress is useless. Our military is living in an era that has come and gone. $40m in debt and all the government does is print, print, print. It is not just the TACO Clown - it is him and most of those going before starting with LBJ and Vietnam. Then Bush and Iraq. And, unfortunately, it is getting worse at a torrid pace. Hang on tight......it is going to be horrific. And, those thinking Trump is fixing anything - drink that Kool-aid as the U.S. whirls around the toilet.
Anti-semite? First of all a majority of Israelis aren't Semites. Trump's boss Netanyahu is Polish. His father changed his name from Mileikowsky. Why not use the term anti-zionist?
Besides helping to get the Epstine files released what has Massie contributed to this country or his district as a representative? Nothing accept being a constitutional conservative and voting no. Not much of a legacy.
With regard to China, the competition is just what this country needs.
I dont mind honest competition and let the best man, business or country win. BUT I have a HUUUUGE problem with theft and dishonesty and hand on the scales. Years ago, like 50, I was in Europe and buying my "meat" at a well regarded Boucherie.....meat cutter and a friend said, "watch her....watch out..they put their fingers on the scale!" And presto CAUGHT HER RED HANDED. When I asked her to reweigh it she declined, put the meat back and called for the next order! There you are. Take the meat and be grateful was the rule there. So it is with us and OUR gubmint and CONGRESS, the HOUSE OF FRAUD CROOKS PHONIES AND FELONS. ALL OF THEM. BUT even there, we have BIG CROOKS and little ones. Among the WORST are the SCUMOCRATS. PELOSI SCHIFF SCHUMER OMAR and so forth. Some use INSIDER TRADING. SOME USE MEDICARE FRAUD and SOME JUST LITERALLY STEAL THE MONEY from CAMPAIGN FUNDS OR FROM LOBBYISTS.
AS FOR CHINA...they invent nothing. They are snakes in the grass and wait patiently for US to spend the money on research and development and then STEAL IT. OR PROFIT FROM IT as in manufacturing PILLS and CARS (BYD IS A TESLA KNOCKOFF) and so they also SUBSIDIZE EVERYTHING....in addition to having LOWEST LABOR CHARGES IN WORLD.....and they have NO MIDDLE CLASS. NONE. AND CONSUME LITTLE OF WHAT THEY PRODUCE they export 95%of it. OFTEN TO WALMART their SINGLE LARGEST CUSTOMER IN THE WORLD.
My take is that it is very hard to understand when the world is TOTALLY in debt. Quite simply because when all the competitors are not living within their means then who is really ahead? That borrowed money can build huge differences, in appearance, depending upon an entity's propensity to use debt. Is China ahead? Well it certainly is ahead even of the US when it comes to debt. Around the year 2000 the cost of building manufacturing plants in China was 1/10 that in the US; US business studies. "Looking in the mirror" on a personal level may be the only way to see who is ahead. Are you personally comfortable with you job stability and your debt level? For me I'll take a far less luxurious life style (which means almost nothing to me) and no debt. Maybe a country's value system is what needs to be examined at personal levels. Personally I think Trump is so far a genius. In my opinion he has done 10 times what any previous president in my life time has done, primarily in reducing government stupidity. Yes his budget has been huge but everyone gets laughed out of Congress for trying to reduce debt for, how many years? It seems everyone thinks he has failed in Iran, maybe but, on the other hand what if Iran becomes a nothing burger? Just a meaningless screaming lunatic that gets punished every so often for posing problems in the Strait of Hormuz and attacking its neighbors.
I am all about personal responsibility. You are what you say and do and eat and drive and so forth. I am comfy not wealthy. RETIRED THE DEBT. Cars are lovely and low miles and PAID OFF. And I am long a LOT of GOLD. I am also retired. And I pray a lot hoping Almighty God helps us.
Good morning. Bill’s opening graph of the Japan Nikkei looked just like the US markets. All-time highs! But let’s convert those Nikkei numbers into real money-GOLD.
Jan. 1st, 1990, the Nikkei was worth in US$ equivalent $270.00
Today the Nikkei is worth in US$ equivalent $381.17
For a total return over the past 36 years of 41.2% or 1.15%/yr.
Jan. 1st, 1990, the Nikkei was worth 0.65 oz of gold.
Today the Nikkei can be purchased for 0.084 oz of gold.
For a total return over the past 36 years of MINUS 87%.
I believe this is the future of the United States stock market. No matter who is President.
The good times are going to go down almost in direct relation to the debt piling up.
We all know there is no winding the debt cycle back. We can only prepare ourselves for what coming. Porter Stansberry (founder of Stansberry Research) has a new book out, "2029 The end of America". A little history and two proposals to consider before it's to late. I believe many of the BPR readers are serious thinkers. I hope you will consider reading this book.
I like Porter too...read him for years. Rickards, Casey Porter Dyson Bonner and Rick Rule and others. I was early...and KNEW IT. BUT told the wife fear not, our gold will pay off and its going to 10k and maybe 15k and we are IN THE LIFEBOAT DEAR, NOT ON TITANIC. And when I pass away, she will be taken care of.
Right. And your Brain Trust? BIDEN? OBAMA MOMBASA MAN? CLINTON? CARTER? SCHIFF? SCHUMER? PELOSI? NEWSOME? GOV NITWIT OF MINNESOTA WHO WATCHED THEM BURN MINNEAPOLIS TO THE GROUND? Do tell......
One is buying land, another selling land, a latter reveals the former two by simply taking it. You could call it TCS - true competitive sinecure
Actually now that I think about isn't that what you would call a swap. Yes the fake the fraud and the phonies. Perfect TCS FFP followed by praise and applaud.
Oh yes suffering is real. Those bills coming in the mail are real. And so forth. I get it. And the price of beef is sky high. Pork and chicken still reasonable. Frozen shrimp. BUT..its time for FRESH PEACHES....oh LORDY those are good.
Billy, Billy, Billy…. say what you will, you sound like Mark Carney and Starmer - whilst the streets of London are literally packed with those in opposition to these old world order davos crowd idiots - and with Trump’s endorsements coming in at 36 to 0, it appears people have had enough of this bullshit - simple as that.
Can you imagine that, as much of a bull in a China shop he is, as brutal as his comments are, people continue to support the changes. OK now, all you left wing lunatics come out and beat me up - the numbers speak for themselves.
How can they beat you up as you have taken all their sticks away.
I hear you workin man.....been there done that....the loons are out there....
Let's see! The US is $40,000,000,000,000,.00 in debt adding about 2T a year. Is Trump going to fix that? How will that work out? I don't know but my guess is not good.
$348 trillion total global debt... you might ponder how the rest of the globe is going to erase the 89% of global debt that is not U.S.
AMEN. They will PRINT MONEY and BUY DOLLARS UNTIL OUR DOLLAR DIES....and then buy GOLD. MANY ARE BUYING GOLD NOW.
How about the preceding or proceeding presidents? No, none have done a damn thing about the deficit. So why is this Trump's problem? I'll tell you what, it is the result of a corrupt political system's planning scamming post Eisenhower. The system is so broken that the only possible fix is self-immolation, which is taking place as we speak, slowly but surely, taking place right in front of our eyes if you just look.
I think it's Trumps problem because he is the president. Now is it all on his shoulders? Of course not but he has certainly done nothing to begin the process of reducing it and returning to fiscal sanity. I agree with you that at this point it is unfixable and that the slow decline of the empire continues and for the same reasons that did in the Roman Empire. As is said history repeats.
The CCP has dire domestic issues to contend with.
To state unequivocally the CCP will dominate the globe is simply wishful thinking.
America's demise is not imminent, and not necessarily inevitable.
Do not heed the sirens of those seeking deterrence...
I will take planes ships bombs missiles and roads bridges schools anyday over HAND OUTS...and the UBIQUITOUS FRAUD GOING ON NOW BELIEVED TO BE IN TRILLIONS. WITH A CAPITAL T. GO ASK PELOSI SCHUMER AND ILHAN OMAR THE ALLEGEDLY LEGAL IMMIGRANT FROM SOMALIA....HOME OF BLACK HAWK DOWN.
The world is in debt $348 trillion.
Only 11% of that is U.S.
I like that statistic, where did you get it?
I like it too...
-
Total global debt $348 T
U.S. debt $39 T
U.S. resource consumption 25% of global
U.S. population 5% of global
-
To me this is fantastic!
This is reason enough to question BPR's doom and gloom verdict...
This is why investing in the U.S. is still the best overall option!
TRUE We are the Captains of the Universe, all due respect and GLORY to God. BUT we are also in a trap and its getting worse and speeding up and will crash...all bubbles finally pop. No exceptions. So PREPARE. RIDE THE WAVE BUT DO AS DYSON DOES. Long cash and he likes shipping and GOLD. I am long Gold Silver and Cash and a smattering of BIGTECH.
Its been printed by Bonner and Dyson and Rickards and Casey several times Tom. But yes its a shocking figure and will NEVER be paid off. ITs a phoney money game and so they will just PRINT money to stay afloat, buy dollars (treasuries a while longer and then buy GOLD AND SILVER)
Simply, he won’t.
CONGRESS spends the MONEY. THE PResident merely signs the appropriation bill they pass. LOOK TO CONGRESS. And the DEMOCRATS SHUT DOWN THE GOVERNMENT FOR A RECORD SPELL TO JAM THEIR SPENDING THROUGH.
and on the Massie MASSIVE LOSS...it wasnt close....he gets what HE deserves.....you may despise Trumps personality and belligerence and you may oppose Trump policies (I DONT) and you may THINK Massie was a REAL CONSERVATIVE? NOT. He was a LIBERTARIAN...a DEMOCRAT WITH A WHITE SHEET OVER HIS HEAD. FACT. HE VOTED DEMOCRAT 100% of time and OPPOSED TRUMP Policies CLAIMING TO BE A CONSTITUTIONAL SCHOLAR (hes not) and against deficits (Democrats are as much to blame for spending as anyone..and THEIR policies are HANDOUTs and as we are learning MEDISCARE FRAUD COVID FRAUD and FOODSTAMP FRAUD). So Bill can go eat SUCCOTASH. (Southern slang)
So I guess you have no problem with AIPAC and other Israeli Firsters like Miriam Adelson dumping millions into the race. I thought a Congressman was supposed to represent the people of his district not Israel. But for your info Donnie is no conservative . Would a conservative back an experimental mRNA vaccine? Or shutting down the country for a flu? Or invading Iran because Israel was going to do it anyway? Or trillions in budget deficits? Or being in favor of suppressing interest rates?
I am PROUDLY a Christian Crusader Defender and Patriot. I am PROUDLY pro Israel and pro conservative Jew in the USA especially OBSERVANT Jews. I reject the ANTI JEWISH AND ANTI ISRAEL lobby in the USA and those who just are dirty antisemites.
EVERYONE backed the vaccines because it was a SHOCK...from very obscure disease in Wuhan that by December 2019 was in WESTCHESTER which came in from Milan and JFK on TOURISTS returning home and Wuhan had direct flights to Milan..on andon.. andit was all CONCOCTED BY OBAMA GATES AND FAUSTUS aka Dr. Fauchi , they literally CREATED THE DISEASE IN A PETRIE DISH FUNDED BY FAUCHI and DONE IN WUHAN BECAUSE OBAMA SAID TOO DANGEROUS FOR CHAPELHILL AND FT DETRICK and then they created the VACCINE and Fauchi made a BILLION ON THAT...and by end of January 2020, we were in PANIC mode and Trump did his best and sTOPPED IT COLD....but what was here was spreading and killing FAST so the vaccines were rushed through FDA in record time....because the DISEASE HAD NEVER BEEN SEEN BEFORE ON EARTH...it was CREATED IN A PETRIE DISH IN WUHAN...the DIRECTOR OF WUHAN LAB, a Chinese Military BIO WEAPONS LAB, was a Phd from UNC CHAPEL HILL. FACT.
But you are pro-military? But what about the sailors of the USS Liberty who were killed or maimed by your boys in the IDF? It's okay to kill Americans when the Zionists do it?
Not everyone backed the Warped Speed experimental mRNA vaccines. Several scientists warned that they were dangerous and ineffective. But your government and media suppressed the information. Maybe you aren't really a conservative but just the run of the mill Neocon. Like Donnie's buddy Lindsey Graham.
Yeah but he is a mechanical engineer with credentials from MIT, so there is that.
I strongly agree with the article’s scepticism toward central planning. Having grown up in socialist Hungary, I experienced firsthand how inefficient centralised economic systems can become over time.
At the same time, modern democracies seem increasingly driven by short-term political incentives tied to election cycles, debt accumulation, and populism. In contrast, China’s one-party system appears better able to pursue a long-term industrial strategy consistently.
It will be fascinating to see how these opposing forces evolve over the coming decades: the adaptability and innovation of freer markets versus the strategic coordination and long-term planning of centralised political systems. History suggests neither model escapes its own contradictions forever.
In terms of China's long term planning, Victor David Hansen has pointed out that long term planning is great, but how does one plan for the inevitable e.g. technology or that which changes everything.
That is a very good point, and I agree regarding the unpredictability of technological change. My original thought, however, was less about economic planning and more about political time horizons.
Democracies often struggle with short-term incentives because politicians naturally focus on election cycles and immediate popularity. A one-party system like China’s, at least in theory, may be able to pursue longer-term strategic goals more consistently because leaders are less constrained by elections and shifts in public mood.
I am not sure where the right balance lies, but I sometimes think this was also part of the argument associated with Lee Kuan Yew. He seemed to believe he could implement certain long-term policies more consistently because short-term electoral pressures drove his political system less.
Of course, that model also creates risks, especially rigidity and weaker feedback mechanisms. So perhaps the real question is whether any political system can successfully combine long-term strategic thinking with the adaptability and innovation that freer societies and markets tend to produce.
If we could end or limit and control LOBBYING it would help AND RETURN TO GOLD STANDARD.
love VDH. Erudite and wise. BUT China doesnt care....nor about human life. Completely different value system. THey are actually textbook fascists.
I despise them. And dont trust ONE THING THEY SAY OR DO. LOCK YOUR DOORS.
Well true that...but China is NOT a democracy and has ONE MASTER FOR LIFE, a DICTATOR and NO FREEDOMS AT ALL...and they CONSUME NOTHING...they export 99% of IT ALL, mostly to USA. And So in an economic system like that....what the big man says is what goes on and they dont fight EPA or anyone....they ignore UN and WTO RULES and all SEC rules and DOJ rules and they SUBSIDIZE EVERYTHING....a clear antitrust violation and on and on. THEY ARE CROOKS. COCKROACHES. CROOKS AND CRIMINALS AND DESPOTS AND SPIES THIEVES AND THUGS. GOT IT?
We aint perfect. BUT we are the GREATEST NATION ON EARTH AND ITS NOT EVEN CLOSE. LEADING THUG IN HUNGARY IS OUT I SEE> GOOD RIDDANCE.
Damn. It's amazing your opinion of China! Perhaps you don't realize that one of Donnie's biggest backers and a staunch Israel Firster, Miriam Adelson, has profitable business interests in China. Trump's buddy Elon Musk also is tight with the Chinese "CROOKS AND SPIES". Maybe Donnie has you fooled?
The American economy was originally based on free markets, individual freedom and limited government interference in the market place. America is not a mono culture. We are a society of individuals. That is our strength. It is an observable fact that the more interventionist the government becomes the worse our economy performs. Unlike China, we are not a mono people nor a mono culture. China has a long history of embracing authoritarian rule. China is mono racial and discourages immigration. America is multi racial, multi cultural, individualistic and was built on immigration. Real Americans abhor political control and embrace freedom. Communism, socialism, fascism, interventionism etc does not work with Americans.
If Americans want to be great again, then the government needs to get the hell out of the
way.
Good luck with that. As seen with Massie, $32M spent by zionists and those controlling the U.S. government - how does that help America and us . Congress is useless. Our military is living in an era that has come and gone. $40m in debt and all the government does is print, print, print. It is not just the TACO Clown - it is him and most of those going before starting with LBJ and Vietnam. Then Bush and Iraq. And, unfortunately, it is getting worse at a torrid pace. Hang on tight......it is going to be horrific. And, those thinking Trump is fixing anything - drink that Kool-aid as the U.S. whirls around the toilet.
ARE YOU AN ANTI SEMITE TOO? get out of here then.
Anti-semite? First of all a majority of Israelis aren't Semites. Trump's boss Netanyahu is Polish. His father changed his name from Mileikowsky. Why not use the term anti-zionist?
Agree. BUT THEY WONT. THE FED IS BADLY TRAPPED. AND SO MY ADVICE IS FOLLOW TOM DYSON AND PREPARE. NOW. I AM LONG GOLD.
Besides helping to get the Epstine files released what has Massie contributed to this country or his district as a representative? Nothing accept being a constitutional conservative and voting no. Not much of a legacy.
With regard to China, the competition is just what this country needs.
I dont mind honest competition and let the best man, business or country win. BUT I have a HUUUUGE problem with theft and dishonesty and hand on the scales. Years ago, like 50, I was in Europe and buying my "meat" at a well regarded Boucherie.....meat cutter and a friend said, "watch her....watch out..they put their fingers on the scale!" And presto CAUGHT HER RED HANDED. When I asked her to reweigh it she declined, put the meat back and called for the next order! There you are. Take the meat and be grateful was the rule there. So it is with us and OUR gubmint and CONGRESS, the HOUSE OF FRAUD CROOKS PHONIES AND FELONS. ALL OF THEM. BUT even there, we have BIG CROOKS and little ones. Among the WORST are the SCUMOCRATS. PELOSI SCHIFF SCHUMER OMAR and so forth. Some use INSIDER TRADING. SOME USE MEDICARE FRAUD and SOME JUST LITERALLY STEAL THE MONEY from CAMPAIGN FUNDS OR FROM LOBBYISTS.
AS FOR CHINA...they invent nothing. They are snakes in the grass and wait patiently for US to spend the money on research and development and then STEAL IT. OR PROFIT FROM IT as in manufacturing PILLS and CARS (BYD IS A TESLA KNOCKOFF) and so they also SUBSIDIZE EVERYTHING....in addition to having LOWEST LABOR CHARGES IN WORLD.....and they have NO MIDDLE CLASS. NONE. AND CONSUME LITTLE OF WHAT THEY PRODUCE they export 95%of it. OFTEN TO WALMART their SINGLE LARGEST CUSTOMER IN THE WORLD.
WHO ARE THE FOOLS I ASK? LOOK IN THE MIRROR.
My take is that it is very hard to understand when the world is TOTALLY in debt. Quite simply because when all the competitors are not living within their means then who is really ahead? That borrowed money can build huge differences, in appearance, depending upon an entity's propensity to use debt. Is China ahead? Well it certainly is ahead even of the US when it comes to debt. Around the year 2000 the cost of building manufacturing plants in China was 1/10 that in the US; US business studies. "Looking in the mirror" on a personal level may be the only way to see who is ahead. Are you personally comfortable with you job stability and your debt level? For me I'll take a far less luxurious life style (which means almost nothing to me) and no debt. Maybe a country's value system is what needs to be examined at personal levels. Personally I think Trump is so far a genius. In my opinion he has done 10 times what any previous president in my life time has done, primarily in reducing government stupidity. Yes his budget has been huge but everyone gets laughed out of Congress for trying to reduce debt for, how many years? It seems everyone thinks he has failed in Iran, maybe but, on the other hand what if Iran becomes a nothing burger? Just a meaningless screaming lunatic that gets punished every so often for posing problems in the Strait of Hormuz and attacking its neighbors.
I am all about personal responsibility. You are what you say and do and eat and drive and so forth. I am comfy not wealthy. RETIRED THE DEBT. Cars are lovely and low miles and PAID OFF. And I am long a LOT of GOLD. I am also retired. And I pray a lot hoping Almighty God helps us.
Agree
Good morning. Bill’s opening graph of the Japan Nikkei looked just like the US markets. All-time highs! But let’s convert those Nikkei numbers into real money-GOLD.
Jan. 1st, 1990, the Nikkei was worth in US$ equivalent $270.00
Today the Nikkei is worth in US$ equivalent $381.17
For a total return over the past 36 years of 41.2% or 1.15%/yr.
Jan. 1st, 1990, the Nikkei was worth 0.65 oz of gold.
Today the Nikkei can be purchased for 0.084 oz of gold.
For a total return over the past 36 years of MINUS 87%.
I believe this is the future of the United States stock market. No matter who is President.
The good times are going to go down almost in direct relation to the debt piling up.
AI is not going to save us. I’m glad I’m 88.
I am a septuagenarian. And I am long a LOT of GOLD and READ AND LISTEN TO TOM DYSON. PERIOD.
14 years and one bill, right, he is a keeper. lol.
Massie was a Libertarian, AKA a DEMOCRAT WITH A WHITE SHEET OVER HIS HEAD.
Look at how well our politburo has managed our budgets/the dollar. Surely more of their wisdom can only bless us further.
We all know there is no winding the debt cycle back. We can only prepare ourselves for what coming. Porter Stansberry (founder of Stansberry Research) has a new book out, "2029 The end of America". A little history and two proposals to consider before it's to late. I believe many of the BPR readers are serious thinkers. I hope you will consider reading this book.
Jim Marshall
I like Porter too...read him for years. Rickards, Casey Porter Dyson Bonner and Rick Rule and others. I was early...and KNEW IT. BUT told the wife fear not, our gold will pay off and its going to 10k and maybe 15k and we are IN THE LIFEBOAT DEAR, NOT ON TITANIC. And when I pass away, she will be taken care of.
I agree with you 100%. The gold will go up.
Jim
Thank Goodness for the Brain Trust of Trumptards...
Right. And your Brain Trust? BIDEN? OBAMA MOMBASA MAN? CLINTON? CARTER? SCHIFF? SCHUMER? PELOSI? NEWSOME? GOV NITWIT OF MINNESOTA WHO WATCHED THEM BURN MINNEAPOLIS TO THE GROUND? Do tell......
Trump Carney Starmer. Lol
One is buying land, another selling land, a latter reveals the former two by simply taking it. You could call it TCS - true competitive sinecure
Actually now that I think about isn't that what you would call a swap. Yes the fake the fraud and the phonies. Perfect TCS FFP followed by praise and applaud.
I learned decades ago that 90% of life is fakes frauds and phonies A fact of life Very little of life is real true or genuine Got it?
Economic life.
Oh yes suffering is real. Those bills coming in the mail are real. And so forth. I get it. And the price of beef is sky high. Pork and chicken still reasonable. Frozen shrimp. BUT..its time for FRESH PEACHES....oh LORDY those are good.